Shanghai Fenghwa Group Co Ltd to Acquire 50% of Chongqing-based Magnesium Technology Company

Monday, 15 Jul 2013 08:00pm EDT

Shanghai Fenghwa Group Co Ltd announced that it has decided to acquire a combined 50% stake in a Chongqing-based magnesium technology company from a Chongqing-based holdings company and a Chongqing-based investment company, for RMB 27.80 million in total.